Cashflow Diary | Influenced By Robert Kiyosaki Of Rich Dad About Real Estate Investing, Cash Flow And Passive Income.

A real estate investor for 30 years with four books and two radio shows under his belt, Cash Flow Diary podcast guest Gene Guarino narrowed his investing focus to a niche that earns top income. So what is it? Residential assisted living facilities! However, Gene wasn’t always a real estate investor. He was a struggling musician without any cash or credit. That didn’t stop him from making an offer on an office building he needed at the time with no money down so he could open a music school. That led him down a whole new path and a pretty fair profit come time to sell the building. Later he discovered assisted living and what a great investment opportunity it is. Gene says assisted living is the investing space he loves because it serves a whole lot of people. What he offers is something between what we see on Golden Girls and the hospital setting. Gene takes single family houses and turns them into nice residential assisted living homes. There’s one caregiver to every five residents. Gene’s typical assisted l